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<br /> perlod��hat Lender roquirea. 7?ie insurance cudcr provldin�Ihe inau�ncc�hpll be chasen by Borrower wbj�xt to L,enderl�
<br /> �pproval which�iwll not be umra�soaably wlthhefd. If Bomower faila to malnwin covem�e de�cribed�bove.l..e�ber m�y.�u
<br /> Lendcrrb option,obtain covet�ge to protcct Lenderk dghts in the�rty in accordu�ce with paragr�ph 7.
<br /> All in.rurance poUcies and renewala aholl bo acceplable to L,tn r and shell includc o xlandard mongago claiece. Lenckr
<br /> shall havc the right to hold the policiea tmd oenewala. if l.ender�equiros.BormwGr ahall pranply glve to Lendcr a!I rcceipte
<br /> of paid premiums nnd renewal noticoa. In the event af loss,Bormwer shall Qive prompt notice to the insuranco cArtier w�d
<br /> Lender. L.ender may moke proaf�f loss if nat made promptly by Bomuwer.
<br /> _ � �� Unless Lender and Borrawer aherwlse aKt+ec in w�lting,insurance pmceeQx shell be app8ed tn revkxadon nr riepair of
<br /> the Prapeny damaged, if the restatatfon or �pair ia cxonomicelly feasible and l.enderk recurity is not Ics�ened. lf the
<br /> r�estoration or mpair is nrn economicWly fcasible or L,ender's isecurity wauld be Icsscned,�he lnswx�nce proceeda shall be
<br /> — applied ta the sums secured by this Security Inslrument, whether or not then due,wilh any excesc paid to 8orrower. If
<br /> Barrower abandons the Propeny. or dues no� anawer within 30 days u natice from I.ender that the insumnce carrier hs+s
<br /> offered�o isenle a claim,then l..ender may collect the insurance praceeds. Lender may use the proceeds to repair or�etor+e
<br />__. -- __--_-_--� • the Pn•peny or�o pay.rums secured by this Sccudty lnstrumrnt,�vhether or not thrn dtsc. Thc 30•day p,,riod wiA brgiu wl�n - .
<br /> —^__— the aotice is given.
<br /> Uniess l.ender und Borrower othe�wise agree in writing,any applicutian of procceds to principol sholl not extcnd or
<br /> postpone the due date of the monthly pryments referned to in pnragraphs 1 and 2 or change the amount af Ihe paymenis. If
<br /> under parag�aph 21 the Property is acquired by Lender,Born�wer's right to uny insurance policies and proceeds resulting
<br /> from damage to the Propeny prior to the acquisi[ion shall pu.gs to Lender to Ihe extent of!he sum�►secured by Ihl.s Security
<br /> Inwrum�t immediutely prior to the acquisition.
<br /> ,,,,�;; 6. Occupsncy, Preservation, MalntenAnce And Protecllon of fhe Property; Borrower'.s l.oan Applkation;
<br /> - I.easclwlda Batawer shnll accupy,extablish,and use ihe Property ag Bat�ower:s prineipal reAidence within sixty days after
<br /> `�y�, r =t�,J �he e�c�utian of Ihis Se�:urily Ins�run�nt wid rhall cuntinue ta occupy Ihe Prnpehy av�Eo�rowert principal residenee for at `--
<br /> � Yy'� les�st one year ufler the dute ot' occupancy, unless l.ender othenvlse agreec in wrlting, which consent shnll not be
<br /> "��;a';, unreesonably wilhheld,or unle�s extenuo�ing circumstances exist which ure beyond Barrower c con�rol. k3otrower �ball not
<br /> � � ��F�'�� deWroy,damage or impair�hc Praperly.allow the Propeity�o deteriorate,o�commil waste on the Property. Borrower shall
<br /> _ ?;��: ' "r�fi�t be in default lf any forfeiture nction or proceeding,whelher civil or criminal,is begun that in Lender's good fuith judgment
<br /> h'����°���i; could result in forfelture of the Nr
<br />„ ..,.,�,:, operty or otherwltic mu[erially impuir the lien created by thix Security Instrument or
<br /> "'''''` ' " Lender's securit imerest. Borrower mu curc such u default und reinslale,us rovided in aru ra h 18.b cuusin the action
<br /> • .k'�i'�•�'".�..� or proceeding to be dismisxed with a rulmg thut,in Lender's gaod fnith determination,precludes forfeitu�of thc Bormwer:s
<br /> �-`�� � ' ' � inlerest in the Property or other muteriul impuirment af thc lien cmu�ed by Ihis Securlty Instrument ar l.ender� tiecurity
<br /> � � y� interest. Borrower shull oltio be in default if Borrawer, durin the loan a I�cution rocrss, ave mAteris�ll falxe or
<br /> ��� �-�,'� "�` F PP� p F Y
<br /> ' �"``t�'+`l�;'`.{.Y inaccuru�e infi►rmution or s�atementx�o Lemler(or fuiled to provlde Lender with any muterial information►in connection with
<br />__- �� � �'r'���" the laun evidenced by the Note, including, but nat limited to, mprcxen�Utwm conceming Borrowerz occupancy af Ihe
<br /> . ,� �" w;�«::�`�,`= Property as a principul residence. If�his;Security Inx�nmxnl iti on a Ies�sehold,Borrowe�shall comply wilh ell the provisionti
<br /> " � =��-= w:-�f.;:f..:� of the lease. If Barrower acquirer f'ee htle ta the Propehy,�h�Ieusehold nnd the fee lide ahall nat merge unlesx Lend�r upree�
<br /> •�� ' �. to the merger in writing.
<br /> • " �� 7. Protecqun of I.ender's Rt�hts in Ihe Property. If Barrower fuil� to pertbrm thc covenant� und agreemcnts
<br /> . � comuined in this Secu�iry In�trumen�, or therr is u tegul prexecding thut muy tiignificandy uffect Lender's righ[s in the
<br /> . . Property(such us a prceeeding in bunkruptcy,prot►ute,fiir amdemnution ar torfeiwm nr�o enforce laws or regulaiions>,then
<br /> • • '. Lender muy do and pay 1'or wh:uevcr iz necessury ta prMCCt Ihe v.due of thc Pmpeny und l.cnder:rightr:in the Praperty.
<br />_ � Lender's netion+mny i�clude puying uny sums secumd hy u licn which huz priority nver�hix Securiry ln�trumen�,uppeuring -
<br /> • • in coun,paying mnsonablc ouumry,'fee,ond entering on tlx Propcny to muke repuin.Ahhough Lender muy take uclian
<br /> -: ; s under Ihis purugruph 7.Lcndcr dor�M�t havc tu du+o. _�•--
<br /> "_ .. _ .. Any umcwnt.r di�burr�eJ by Lendrr undcr[hi, parugruph 7 shull Ikromr udJi�iuntd deht of Born�wrr�erured Ay thi� --
<br /> ��"� - � - Sccurity In�ctrument. Unle,.Borrowcr unJ Lrndrr ugrcc ti�othcr Iernis nf paymen�,thc�c umaunl.shall Ixur inlerest from the �
<br /> `'��'j� ' Jate oP disburncment ut the Note�ate iind shull ix puyublr. with imere�l,uFxm nrnice i'mm Lender lo Bonc►wer reyuesting �-.==-
<br /> ;�1;;.� ,.• ' .. pAyment. _., _-
<br /> � „ F• , 8. MorlsaRe Insurance. If Lender requirud mun�ugc intiurance as a co�di�ion of muking thr Inan+crured by this �Y�;.:
<br />- :.i1.=,�-.,c.;;-: - 5ecurity Inrtrument. BoRrnver:;hall pay the prcmium�reyuircd to maintain thc murtK��ge in,urmur in effect. If. tor uny
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<br /> , •� reason. the monFugc in.urunce rovca�gr rryuired bv l.endrr I:ip.c. ��r r�u�r� �o hc in effcct. Borniw•er shall pay the ----
<br /> ., : ; , ��;.�f+'• • premium+ reyuimd to oMtain coverape �uMxlanliully equivalrnt lu Ihe nH�n�o�e in,urmicc prrviou�ly in effecl,ut u ca�t �s`,.
<br /> ° �;ubstantially cyuivulrn�lo thr rus� In Burrowrr uf thr mon�agc in.urunr�previ�iu�ly in effcct, 1'nnn un ul�emu�e mortguge �_--
<br /> ° , intiurcr uppruveJ by Lrndrr. 11',ub,tontially equivalenl mongage inwrunre covcraer i�n�il uvuilublc.Horrowcr�hull�y w -
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<br />-- ' LrnJer curh month u wm cyuul iu onr-twrllih„1'the yc:rrly mongagr inwr:mre premium Ixing paid by Burcower whco thr �,�.
<br /> . •�r ' insuranrc ruv�n�gr I:�p,ed or cra•�J w Ix�in cl�tcc�. Lcndcr�cill arrrpl.u.r und retain ih�x paymcnt+.�.u losti reserve in lieu �±�:_-'
<br /> .. . t of mongagr in�uruncr. Lns, rcrcrvr paymenh muy no longrr i►r rcyuirrJ. �u Ihr option of�LrnJcr.il'mongu�c in,urancc ---
<br />,- • covcrage lin tlk omuunt unJ li►r�hc�xri�xl�hu�Lendrr rcquinsl provideJ by un in�urcr apprnvrd hy Lrnder uguin hrcome. �
<br />':`'fa:.�.. �.;1�: " availahlc and i.ontuincd.Borruwcr,hul)puy thr premium.rrquirccl tu maintain mungage insuruikc in rflcrl.or to providc t� ���
<br />: `;;;" . • lo..m.rrvc.until the rcyuirenkm titt mungogc in.urancc cnd.in urci�rdancr��•ilh unJ•a�rinen:igRemem hc twern B.�rrower
<br />=i �; , nnd Lrnder or upplicuhlr I.���. --
<br /> -.� 'r ,: 9. Inspection. Lrndrr or ii.ugrnl ma��makr r�a,un:�ble cnlrie�upon and in,�c�inn,ul'thr{'roperty. L�mder shull �. �
<br /> �» ? � giv�Born�wcr nulicr al lhr limc of ar prior lo cm in+perliun��xrdying rra�onahlc caux ti,r Ihe in.�xrlion, �"
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<br /> •+ ^�:' 10. Condemnation. Thr pn►cced,uf any,i��arJ or rlaim liir dam:ipev. ditect or cim�ryu�ntiul.in ronnec�ion w•ith uny ---
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